Sept 2005 - Association of Dutch Businessmen
Sept 2005 - Association of Dutch Businessmen
Sept 2005 - Association of Dutch Businessmen
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BUSINESS<br />
Fact File:<br />
• Founded in London in 1851<br />
• Over 14,700 staff in 92 countries<br />
• More than 328,000 pr<strong>of</strong>essional users worldwide<br />
• Reuters Group 2 004 revenue: £2.8 billion<br />
• Constituent <strong>of</strong> FTSE100 index<br />
• Listed on LSE (RTR) and NASDAQ (RTRSY)<br />
are published in 19 languages. Today, Reuters<br />
supplies breaking news on politics, business, sports<br />
and entertainment to publishers and broadcasters<br />
worldwide.<br />
Trust is increasingly becoming a central issue<br />
in providing news. Digital technologies have made<br />
it easier than ever to become a news provider.<br />
However, to become a trustworthy news provider<br />
is much harder. Reuters News continues to be based<br />
on the Reuters values <strong>of</strong> independence, freedom<br />
from bias, speed and accuracy. 1<br />
Reuters Consumer Services <strong>of</strong>fers a personal<br />
multimedia news and information service to<br />
investors and business pr<strong>of</strong>essional in the UK, US<br />
and Japan. The information is delivered on<br />
multiple platforms including online, mobile and<br />
interactive TV. Over one billion people see Reuters<br />
news every day.<br />
Reuters Foundation: Making a<br />
difference<br />
The Reuters Foundation is an educational and<br />
humanitarian trust funded by Reuters. It embraces<br />
especially educational, humanitarian and<br />
environmental projects, including the training<br />
<strong>of</strong> thousands <strong>of</strong> journalists from developing<br />
countries, and providing news to international<br />
disaster relief organisations.<br />
Reuters in Singapore<br />
Reuters operation in Singapore dates back to<br />
1868 and is now 137 years here. Since then, the<br />
company’s operations have seen some tremendous<br />
growth.<br />
Powering the financial markets with:<br />
• Information on 40,000 companies<br />
• Financial information from 258 exchanges and OTC markets<br />
• Financial data updated at 8,000 times per second, and at peak time up<br />
to 23,000 times per second<br />
• The largest dealing network community with more than 17,000 foreign<br />
exchange and money market traders<br />
• The world’s largest international multimedia news and television agency<br />
network - 2,300 editorial staff, journalists, photographers and camera<br />
operators in 196 bureaux<br />
• Among the most read news sources on the Internet reaching millions in<br />
their <strong>of</strong>fices, homes or on PDAs<br />
In addition to becoming a headquarters for<br />
Reuters in the region, Singapore is now also base<br />
to Reuters ASEAN channel business operations.<br />
Today, the company employs 650 staff in Singapore.<br />
Reuters Asia Pte Ltd, the Asia Pacific headquarters<br />
<strong>of</strong> Reuters, has been based in Singapore since 1997.<br />
In 1992, Reuters invested 43 million Singapore<br />
dollars in its Science Park building. Three years<br />
later, Reuters opened its Main Technical Centre,<br />
which is one <strong>of</strong> three global hubs that ensure<br />
customers have continued access to Reuters news<br />
and information. In 1997, Reuters Asia’s sphere <strong>of</strong><br />
responsibilities expanded to encompass activities<br />
such as the World Editorial Desk.<br />
Reuters has a global network <strong>of</strong> 600 news<br />
photographers who deliver a world-class collection<br />
<strong>of</strong> news, sports and entertainment photography.<br />
In April <strong>2005</strong> Reuters chose Singapore as its base<br />
for the company’s Global Pictures Desk, at the<br />
Singapore Science Park. This pictures desk has<br />
grown from seven staff to 40 since then. The<br />
expansion enables Reuters to receive, process and<br />
transmit pictures to the world’s 1500 media<br />
companies around the clock from Singapore.<br />
Reuters supports local tertiary institutions<br />
and pr<strong>of</strong>essional associations. In Singapore, the<br />
company has supplied about 50 million SGD in<br />
online information services to educational entities<br />
such as the Wealth Management Institute, National<br />
University <strong>of</strong> Singapore and the Polytechnics.<br />
To find out more about Reuters please visit<br />
www.reuters.com, or feel free to contact Erik de<br />
Boer via email on erik.deboer@reuters.com.<br />
1 Adapted from: Tom Glocer - Reuters CEO, ‘The aim is truth’,<br />
FT.com site, Jul 12, 2004<br />
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Vol.15 • No. 7 • <strong>Sept</strong>ember <strong>2005</strong>